Financial News: Australia Manufacturing PMI Spikes In November - AiG

Australia Manufacturing PMI Spikes In November - AiG

11/30/2017 - 20:53:00 (RTTNews)

(RTTNews) - The manufacturing sector in Australia continued to expand in November, and at an accelerated rate, the latest survey from the Australian Industry Group showed on Friday with a PMI score of 57.3.

That's up sharply from 51.1 in October, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.